Gangneung-si, 2022 Budget Proposal 1.3017 Trillion Won... 6.6% Increase YoY

Organized Around Future Growth Engines and Current Issues Projects

Gangneung City Hall

[Asia Economy Reporter La Young-cheol] Gangneung City has prepared the total budget for 2022 at 1.3017 trillion won and submitted it to the city council.

According to the city on the 22nd, next year's budget increased by 80.4 billion won (6.6%↑) from last year's 1.2213 trillion won. Among this, the general account is 1.1914 trillion won, an increase of 115.6 billion won (10.7%↑) compared to the previous year.

The budget is organized around securing future growth engines through the successful hosting of the World Choir Games, becoming a tourism hub city, attracting the ITS World Congress, and other large-scale core projects, as well as focusing on current issues selected through various contests such as employment expansion, the Fishing Village New Deal 300 project, and the Smart City Challenge.

By sector, the budget is allocated as follows: ▲ Social welfare and health sector 444.6 billion won ▲ Industrial economy and rural fisheries sector 142.7 billion won ▲ Culture, arts, and tourism sector 98.1 billion won ▲ Regional balanced development and disaster prevention sector 177.9 billion won ▲ Environment sector 105.4 billion won ▲ Public administration and education sector 63.5 billion won ▲ Contingency and other sectors 159.1 billion won.

The 2022 budget will be finalized on the 17th of next month after the 296th Gangneung City Council's 2nd regular meeting.

This content was produced with the assistance of AI translation services.